2024

Crypto exchange Kraken has announced plans to launch its own blockchain in 2025. This initiative is intended to expand its infrastructure by integrating blockchain technology into its operations. The planned blockchain will serve as a platform for developers to build decentralized applications (dApps) and support other features like token issuance. 
<a href="https://crypto.ro/en/exchange/kraken/">Kraken’s</a> blockchain is expected to enable more seamless interaction within its ecosystem and between external networks. This step follows a trend among other exchanges that have launched their own blockchain networks, offering potential benefits in terms of scalability and security. By having its own blockchain, Kraken could also gain more control over network operations and governance. 
Further details, including technical specifications and potential use cases, are expected to be released closer to the launch date. Kraken’s move may create new opportunities for developers and users who engage with decentralized finance (DeFi) and tokenized assets, though its broader impact remains to be seen.

Kraken Plans to Launch Its Own Blockchain in 2025

crypto.ro global

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